ADSK trade ideas
RectangleNeutral pattern until broken.
Earnings 2-24
No recommendation.
EPS (FWD)
6.59
PE (FWD)
33.71
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
1.06%
Market Cap
$47.94B
ADSK - Still Dropping - BearishOn the chart of Autodesk(ADSK) we can see a double top pattern. For the whole year of 2022 ADSK has been in a downtrend and it is likely to continue in 2023.
The double top pattern is a bearish pattern. Once the price breaks down the neckline and turns into a resitance instead of a support the pattern gets validated and the trade can be entered. Take your profits and the target can be targeted.
All further details are shown on the chart.
P.S. Enter short position only if/when the price breaks the neckline!
Goodluck!
Looks like Autodesk ready to breakout!MA 10 based on close - yellow
MA 20 based on close
MA 20 based on High
MA 20 based on Lows
Using the Di+- for tracking increasing trend measurements
An IFT (Inverse Fisher Transform) combo to trace directional price movement:
CCI - white - Commodity Channel Index
Stochastic - blue
RectangleNeutral until broken.
This can be a long term pattern.
Announce Date
2/24/2023 (Estimated)
EPS Normalized Estimate
$1.81
EPS GAAP Estimate
$1.02
Revenue Estimate
$1.31B
EPS Revisions (Last 90 Days)*
up/3 Down?15
No recommendation
AutodeskAscending Parallel Channel
Formation of HH and HL
Entry @ current Level
Trade with specified Stop Loss
TP levels are specified
Ride the trend with trailing stop Loss
$ADSK with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $ADSK after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 71.43%.
Auto Desk cautiously bullish to $260.39W Formation has clearly formed on Autodesk showing upside to come.
The price is above 200MA which confirms the bullishness.
However, there was recently a breakaway gap which is concerning as 70% of gaps close.
I don't trade when gaps are within formations so if I went long I'd only risk 1% or so as a gamble trade.
Target $260.39
Buy 5 shares of ED for Every One share of ADSKAutodesk
Consolidated Edison
---
1- No stop loss.
2- 5x leverage NoT More!
Becareful! Not more than leverage 5.
-
for buying shares:
warning: Only leverage 5, Do Not Take More Than leverage 5.
-
for options is Excellent:
5 call option 3 months contract of Consolidated Edison for every One call option 3 months contrac of Autodesk .
----
Happy Trading!
ADSK Elliot Wave 5 in progress Auto Desk (ADSK) wave 5 in progress and trying to reach the target price of $238 - $240. This is on a daily chart. Wave 3 showed some extension so wave 5 might not complete its full course. Another confluence is that RSI Crossed 50. Also, the MACD Line crossed the signal line.
ADSK breakout from yesterdays postADSK 210C mentioned in yesterdays post are up 250% from the breakout. Excellent day.
Whoever had these should have rolled them to 215C next week.
ADSK nearing breakoutADSK is a fundamentally really good company. It is nearing a technical breakout over 206-207 area. It can have a ER run up if market stays strong.
JUL 29 210C or AUG 5 215C could work.
$ADSK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ADSK after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 55.56%.
ADSK - Up Channel Leading to Double Top Up channel in grey
Previous double top at the first hammer
Current price push will possibly lead to a second double top similar to the first one (at the first hammer)
Bullish until the second top point forms
ADSK longIdea - 1
Hello all. i'm bulliish on the Autodesk, inc. I will buy when NYSE open (3-1 ratio)
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ADSK 4HRBullish Shark Strong POTENTIAL REVERSAL ZONE AS
Earlier Pattern given good reaction on Type1 entry & hit Both Targets
now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
ADSK Daily Bullish Butterfly
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
ADSK
The breakdown of the double bottom and the lack of demand gave me a good sell signal. The sector is in decline. My Wyckoff zone liquidity zone indicator clearly identified the zone to which the price was attracted
Click like subscribe necessarily if the review came in! Then I will post more ideas .
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ADSK WEEKLY Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
$ADSK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ADSK after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 62.5%.
ADSK LONG POSITIONWe just finished 1-5 Elliot Wave, ABC correction and XWY combination, and bounced off of a strong monthly demand zone, we already missed out on an entry, but we can still enter now but our R/R is low, I would suggest waiting for a retrace to an entry zone, because market made tiny gap while bouncing up which should be filled and we should get a good entry.
Entry 192 (After a retrace to entry zone for better R/R, we can enter now, but risk reward ratio is very low)
Invalidation 123 (Just below Demand zone)
Target 1: 260 (50 Fib zone)
Target 2: 299 (Daily gap zone)
Has enough room for a move.Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working good here
2. Globally and locally downtrend
3. Closed below the level
4. Understandable stoploss
5. enough room for 1 to 5.1 r/r
6. The price came from above
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
